It seems that the higher educators are surprised that government tax credits often lead to universities raising tuition by the amount of the tax credit. Welcome to the real world of business and filthy lucre, professors! A guy selling towels at a street fair could have told them as much. From Inside Higher Education: A Finance Committee spokeswoman confirmed late Thursday that in one of their last acts while their party still controls Congress, the panel's Republican leaders would hold a hearing 'that looks generally at whether tax breaks for tuition and universities' efforts to help low— and middle—income families are helping in an era of ever—increasing tuition.' That statement was generally consistent, though somewhat vaguer, than what one Washington higher education official was told the subject of the hearing would be: 'a look at the relationship between federal tax provisions and tuition increases.' In other words, do federal policies that give taxpayers a...(Read Full Post)